Name: Anonymous 2010-01-02 5:09
I'm no economist, but I do know a bit about history
so how is it that these two countries are growing so rapidly?
I can understand China and it opening up the three policies or some shit in the 90's, making the country more capitalist
India, I don't get so much. Same deal? How is it that these two countries are rising up?
Also, what role does the US play in this? Again, I'm no economist, but I assume that we've been exporting jobs to these countries ever since the collapse of the USSR and the de-colonization of these countries?
De-colonization because of cheap labor, and the USSR because....well, come to think of it, no, scratch that. India was neutral, and China, well, they still ARE communist.
TL;DR some explain india and china to me
so how is it that these two countries are growing so rapidly?
I can understand China and it opening up the three policies or some shit in the 90's, making the country more capitalist
India, I don't get so much. Same deal? How is it that these two countries are rising up?
Also, what role does the US play in this? Again, I'm no economist, but I assume that we've been exporting jobs to these countries ever since the collapse of the USSR and the de-colonization of these countries?
De-colonization because of cheap labor, and the USSR because....well, come to think of it, no, scratch that. India was neutral, and China, well, they still ARE communist.
TL;DR some explain india and china to me